Aafrin Kidwai 
Dubai-based Averda has completed a share sale and purchase of Amritsar MSW Limited. It will now undertake various environmental services for waste management in Amritsar, including municipal solid waste management, waste to energy and recycling.
Averda has taken over management control of the concession and has started to develop a fully integrated waste management solution for the city. Averda’s responsibilities include door-to-door waste collection, processing and treatment, and the creation of energy from waste.
In addition, Averda is undertaking a major bioremediation and land reclamation project for the city’s existing dumpsite, an area of nearly 25 acres, with the active participation of the Municipal Corporation.
A press release on Averda’s website states, “Handover of vehicles and facilities took place a few weeks ago and Averda has been working on the infrastructure and human resources required for a seamless transition.”
With this acquisition, Averda now operates in eight countries across the Middle East, Africa and South Asia.
Picture Credit: Simbu123, ISBT Amritsar, CC0 1.0
